Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-09-17
not revo,utioalze IN. p ens state Ct

Wnen asked his opinion regarding the
movement, he suid
81 only returned to the city this morn
Ing and an really not prepared TO dash
of arJ very weignty opinions on the
matter, have beer ont of the city for s
month and my first intimstion that there
@ss such movement on foot was when
bought Times on the train this N orn-
ing and resd the article entitled "A Gig.n-
tic POOL
$50 far as my opinion Is concerned, 1 am
not prepared to give any respecting this
particular scheme. There are and have
been several similar efforts made TO form
pools emong the cattlemen OF the coun-
try, but they hsye invariably failed. The
very euornit5 Of such vast enterprise
has always proven a barrier il the way OF
success. 1t IS 4 tremendous undertaking,
as outlined in the Times, and the cattle
men and Armour & Co. will no doubt
ind it such in the course Of
their experiments. Ia the past two
or three years al manner OF plans have
been proposed, some CT which, though
brilliant in conception, have proven to De
most w0efuliy lacking in practicability.
The National Cattle Trust Company Is al
organization that was formed for the
purpose OF effectinG g grsHd 60 mblnatio
CT the cattlemen. II was then, jntentiopsr
believe, to do some~very Mmslksble
things n the way Of 1efoDin Sthe catIle
business. They medE . stir ia che news
papers, and I think sse doing some bust
ness, but rot to suc1fn extessas to set
he world on fire. -
1.-THE plan Of this new organization is,
as understand 1t, the formatiol Of
company, the members CT which sgree to
send all their cattle to Armour & Co. to
slaughter and market otx the price Of
81 so per head. l have no doubt that
Armour & Co. would be glad to make
such an arrangement. The tendency CT
such i move, If successfully c3rried out,
| would be toward u monopoly Of the cattle
trade, ard corners WOu d become an C&sy
matter. Il is difficult to determine lust
| what effect it would have on the stock
yards business, but | cannot see that it
would materially affect it. There are too
many Cattlemen in the west to affect tue
business much one way Or the other by
this movement, and l hardly think it
would cut much Of q figure in the bust
| ness OF the Stock Yards Company"
TRIED IT BEFORE.
"Why, il there is anything in it," said
Seth Mabry, when questioned as to the
pool, sit was sprung like a clap of thur
der from clear sky. | looked over ire
Times this morning ard saw the article
but only glanced at it casually IS l felt it
YVES wholly sensational. None of us here
have heard a word aboLt It before"
When assured that it was not a sensa-
tionGl report Mr.. Msbcy said: 81 don't,
like to express myself without being
fully informed, which SIN rot tonight
From the little l saw of the report |
thought the plan hardly practicable. Such
scheme needs to be matured better and
the people should hsve . longer time to
think It over. Bu. until inform myself
thoroughly l have no decided opinion to
express"
Mr.. L. Driscoll of Austin, Tex, who
is stopping at the st. James, had read the
report of the Denver meeting, and had
not been carried away by the plan. at
is something I'm not posted in, and some
thing don't take any stock in, SO l don't
care to give my opinion. LIS just about
this way" he aided, under his breath,
"a few men will make fortunes and the
rest will be skinned"
Mr.. DrisColl has c large number Of cat
tie in Montsna, and is very hopeful OF the
outlook, pool or no pool. 81 think tbst
| year from n0W," ne predicts, "cattle will
be worth 5 more per 100 weight than
| they are Today. A grest many cattle
men have been pircbed. They had 10
have money, and they have been shipping
out bulls and calves sud rsgtag-an7thing
which they could get q dollar on. They
were killed and used some way, and the
market has been Rlutted. But these
times are passing, aud next year will be q
good one"
| J. NJ. Day, an extensive ranchman Of
| Greer county, Tex, ID also il the city
80, yes, I've heard OF the pool" he said
at may be good thing for those who
are il it-but don't count ne in. NV
| opinion is that it Is something like the
cattle trust company, which is said to be
running yet, but nobody ever hears of it,
| Still, don't know anything about the
pool except what l read this morning.
We are going TO have better prices, all
the same. My experience IS that this is
always the case after e short corn crop,
even il nothing else combines. It de-
creGses the number of fed cattle in such
year much more than mary imagine.
Cattle will bring FROM 80 cents to 81 more
per loo pounds next Year than now. As
| w AdiI uIeS III llIG BuNIEGSE. IL is Inc COM
paDies which have failed-companies who
have EnglIshnen among them who came
out here IN palace cars and looked US
over. individuals who have stuck to the
business and watched their own interests
have not failed"
"It's big humbug on the face of it,
was the explosive exclamation Of GEORGE
g. Keck, 6 prominent live stock commits
sion merchant. Then he added: "But
don't want to be interviewed. Don't
print that" Mr.. Keck had considerable
more TO say as to the imprsctiCa biIity of
the pool scheme and pointed out that he
thought the Very men in il were bowling
monopoly loudest, yet were attempting
the biggest monopoly ever known. cit
will aatten out as the cattle trust did last
spring." was his prediction.
"f men want to market their own cat
tle," Mr.. Keck continued, "let them kill
them and do it. l TALKED with helf g
dozen men this morning and they thought
the slme as do. The csttle business is
like every other ore-it is regulated by
the law of supply and demand. Over
production is the cause CT the present de-
preston. l have looked over the Chicago
reports for the last few months very
carefully and find that they are away
aheld in receipts of any other year.
Prices are low not on eccount Of the
dressed beef business. Shorten the re-
CENTS of cattle ard rrices will u0 nm